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11-26-2011, 03:21 PM
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#30 |
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Radical Centrist
Join Date: Jan 2001
Location: Cottage of Prussia
Posts: 31,423
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For sure. Yesterday Italy had a disastrous sale of its bonds and people started buying up Dollars and Pounds and Brazilian Real. The Euro is off the Dollar for the last seven weeks in a row and lost 2.1% against it last week.
It's been lower in the past, so this is not a terribly big deal in itself. But Christmas time is now here, and we will see if people are interested in buying things again... |
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